Online CBD Business Thriving in U.S. Market
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Asking Price
$1,720,000
Detailed Information
Business Description
This e-commerce business, specializing in high-quality CBD products, is thriving in the rapidly expanding CBD industry, with a projected growth rate of 23.3% to reach $49.22 billion by 2028. The company's focus is on providing top-tier CBD products aimed at enhancing wellness and quality of life for customers. Operating solely online, the business sources, manufactures, and fulfills its products in the United States, with a sole owner managing operations effectively in under 20 hours per week. Some noteworthy aspects of this business include its strong brand recognition, sizeable customer base of 208,830 subscribers, stable revenue, and profitability. With a streamlined direct-to-consumer model, a well-established email list, and a skilled team in place, this business offers a solid foundation for future growth in the ever-expanding CBD market. For a buyer seeking an e-commerce opportunity with a proven track record and significant potential for scalability and market prominence, this business presents a compelling investment opportunity.